About your Search

20110701
20110731
Search Results 0 to 14 of about 15 (some duplicates have been removed)
before midnight. jon karl is watching it all from capitol hill. the speaker says he'll try again today. >> reporter: he will. but, george, this debt ceiling crisis has become a political crisis for republicans. boehner's going to convene all 240 house republicans this morning to make 1 final push for it. but the reason he pulled the bill last night is he just couldn't get enough republicans to pass his own bill. republican leaders worked late into the night, trying to get the votes to pass their own debt ceiling bill. reporters swarmed around utah republican jason chaffetz as he emerged from a tense meeting in speaker boehner's office. he told us he's still not sure. how much pressure is there on you to change your mind on this? >> i'm very plenty surprised that they are not twisting and ripping arms off. >> reporter: the speaker said he can't do his job if you guys aren't there to support him. >> i am fully supportive of the speaker. >> reporter: this is his most important vote yet as speaker. >> i just can't support his bill. but i do support the speaker. >> reporter: but for speaker
karl is in washington and has more on all this. good morning, jon. >> reporter: good morning, robin. there is no presidential candidate with more momentum right now than michele bachmann. ♪ my home in -- >> reporter: no republican presidential candidate has taken a harder line on the debt ceiling showdown than michele bachmann. >> we were all shocked and appalled that president obama dangled out in front of the cameras that senior citizens may not get their checks. that's a very dangerous statement to make. we don't believe -- excuse me. excuse me. we don't believe that for a moment. >> reporter: tough talk from bachmann is nothing new but she now speaks with new-found authority as a top tier contender for the republican presidential nomination. a new national poll puts bachmann firmly in second place as the leading challenger to front-runner mitt romney. and in key first caucus state iowa, three separate polls over the past week put bachmann in first place. >> republican primary voters are looking for somebody who has -- brings some excitement, who brings something different to t
security check riding on the outcome. abc's jon karl joins us now, from washington, with the latest. what about it? how close are we finally to a deal? >> reporter: getting close to a deal with the house speaker, john boehner. the outlines of this deal include up to $3 trillion in spending cuts over the next ten years including some cuts to popular entitlement programs like medicare and social security. also, elizabeth, it would include a promise or a commitment that congress would bring more money in through tax revenues by reforming the code, closing some of those loopholes. that's something that congress would act on over this last year. >> that last one, isn't that disguise? a tax increase in >> reporter: well, certainly some will call it that. the rates won't go up. congress would have to act over the next year. if they didn't ago, automatic steps would be taken that both sides wouldn't like which would be tax hikes and spending cuts. possibly, elizabeth, they're talking about repealing part of the health care bill. >> even if president obama and speaker boehner reach a deal they hav
jon: they need some ovel-ready projects over there, don't they? jenna: i think that's part of the problem. thanks for joining us, everyryryryryryryryry jenna. in the meantime, check this out. this is a fox news alert on the deadly dome of heat out there that united states america, can you believe this? it is also threatening the nation's power grid. welcome to "america live" today, i'm martha maccallum on this hot day in for megyn kelly. 141 million americans are in this dome, folks. it covers more than two dozen states. sweaty, miserable, just trying to stay cool out there at this hour. 33 states are under serious heat watches and warnings. the sweltering weather quickly starting to spread east. her folks, power companies are urging people to turn down your air-conditioning to just the amount that you really need with concerns that overuse may put a significant stress on the nation's power grid. the unbearable heat has also claimed lives, we are now learning, at least 22 deaths are being attributed to the heat. the east coast can is now bracing for record heat here as well
following overnight but democrats and republicans seem no closer to a deal. abc's jon karl is covering it from capitol hill. we are seeing fire from the house speaker. >> reporter: we sure are. this vote today on his debt ceiling plan is the highest-stakes vote of his term as speaker of the house, and he is doing everything he can to get those tea partyers in line. john boehner is now demanding republicans stand with their party. in a closed door meeting he had a stern message for tea partyers who just don't like his debt ceiling plan. boehner told them get your ass in line. sources at the meeting tell abc news, a day after another republican leader attempted to rally the troops with a clip from the movie "the town." >> i need your help. i can't tell you what it is. you can never ask me about it later and we're going to hurt some people. >> which car are we going to ta take? >> reporter: allen west liked what he heard. >> i told him i would drive the car. >> they could have used "rudy," "hoosiers," "band of brothers" but this is the movie they decided on. >> reporter: maybe they can us
markets. let's get a reality check from abc's countdown team. jake tapper at the white house. jon karl on capitol hill. bianna golodryga from the new york stock exchange. looking at the asian and european markets overnight, there seems to be concern but not panic yet, bianna. >> reporter: that's right. wall street seems to be patient with washington. markets opening blower. just about 130 points lower. not the knee jerk reaction that people were fearful of. things are still at an impasse. even though the markets aren't selling off, people are concerned about what's still on the table a credit downgrade. the s&p says the u.s. could lose its aaa ratings in the next three months. that would mean that interest rates go higher. it would be more difficult for people to get a loan out there. and it could be a big burden for this economy, as we're just starting to recover. george? >> jon, they had been hoping on capitol hill to come up with some sort of deal before the markets opened today. that has not happened. it seems, the only thing that everyone seems to be accepting th
just crossing the wire, the campaign manager for former utah governor jon huntsman, her name is susie wiels, and she is resigning. we are working to independently confirm this story. that report is coming in from "the washington post." we'll let you know what we get when we get it. >>> all right. now let's go to the latest in the u.k. phone hacking investigation of news corp. international which is -- news international, i should say, which is owned by news corp., the parent company of fox news. greg talcott on this story for us today live from london. hi, greg. >> reporter: hey, martha. investigators continue to look at that phone hacking scandal amid new reports of a possibly broader scope to that probe. this comes after a week of dramatic testimony, we've heard from the chairman, chief executive of news corp., rupert murdoch, on tuesday, and yesterday in the house of commons, british prime minister david cameron was on the hot seat. questions continue today about his dealings with news corp. executives. his government is sticking to the line there were no inappropriate discussions.
? >> jon, they had been hoping on capitol hill to come up with some sort of deal before the markets opened today. the only thing that everyone seems to be accepting that any deal won't include any new tax increase. >> that's the big deal. you have harry reid coming up with a plan for democrats. that he says includes $2.7 trillion in spending cuts over the next ten years and gives the president the debt ceiling increase that takes him all of the way to 2013. republicans are already saying that those -- his plan includes gimmicks and phantom cuts. so the republicans are coming up with their plan, which would include about $1 trillion in cuts now. it would require the president to come back to congress next year to ask for another debt ceiling increase. >> that's the huge sticking point for the white house. the president has made it clear time and time again that he won't sign a short-term increase. he squashed it at the meeting last night. >> republicans leaders have said that as well. they didn't want any short-term solution to this problem. they changed their tune on this. white house said
Search Results 0 to 14 of about 15 (some duplicates have been removed)

Terms of Use (10 Mar 2001)